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Functional expenses & joint costs

About this topic

These learning resources are designed to enhance the competency and development of not-for-profit professionals, including staff and stakeholders of not-for-profit entities and the firm practitioners who serve them.

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Not-for-Profit Entities - Best Practices in Presentation and Disclosure

Provides financial statement presentation and disclosure examples illustrating U.S. GAAP compliance for the topics most frequently encountered by preparers of...

Publication Financial statement presentation Intermediate

Accounting and Reporting for Not-For-Profit Organizations

Enhance your working knowledge of fundamental not-for-profit accounting and reporting and presentation requirements.

Course – Online,   Course – Textbook Functional expenses & joint costs Intermediate

Annual Update: Top Governmental and Not-for-Profit Accounting and Auditing Issues Facing CPAs

Offers high quality and non-authoritative advice based on calls and inquiries received by both the AICPA's Technical Hotline and the GASB Technical Inquiry System over...

Course – Online,   Course – Textbook Auditor independence Intermediate

Not-for-Profit Entities - Audit and Accounting Guide

A must-have resource for accounting and auditing professionals who work with nonprofits, this essential reference will assist you in the unique aspects of accounting...

Publication FASB financial accounting & reporting Intermediate

Statement of Functional Expenses: Not-for-Profit Financial Reporting

Offers examples and case studies that will help you allocate costs and accurately prepare the statement of functional expenses.

Course – Online Financial statement presentation Intermediate

Expenses: Not-for-Profit Accounting & Financial Reporting

Learn the basics of accounting for expenses, including recognition, measurement, and financial statement display issues that are unique to NFPs.

Course – Online Financial statement presentation Foundational

How NFPs should allocate joint costs

Not-for-profit management and auditors have the responsibility to make sure that costs are properly allocated for activities that serve their mission and also include...

Article Functional expenses & joint costs Foundational

Not-for-Profit Organizations - Accounting & Auditing Set [Subscription]

Access your core resources online at a substantial savings when you buy them bundled. Set includes the Audit & Accounting Guide, Audit Risk Alert, Checklists and...

Publication FASB financial accounting & reporting Intermediate

Functional Expense Classification

This article provides an overview of the financial reporting requirements under GAAP and offers some tips for designing and optimizing your NFP's expense allocation...

Article Functional expenses & joint costs Foundational